The week that was.
Canadian tire….
A drill was auguring some holes in the parking lot of a local mall on Thursday. The supervising white hat said she was a biologist and they were doing due diligence.The site is close to an excavation the city did to repair sewer lines recently and a test well for the ministry of environment is in the next block.
There was a rail line where the parking lot now is and some light industrial applications at one time . No release on what for, other then due diligence, which could mean a buyer is interested in the property. As malls inventories are coming under scrutiny as Target prepares to come to Canada and take Zellers stores over. Some mall developers are noted as saying that closed malls bring more tenants as people tend to shop at all stores rather parking in front of one particular.This mall is a open mall that has a large lot undeveloped since its buildings were removed to make the property a consolidated large lot.
American malls are stated as being over built and Target is considered to be a better competitor for Wall Mart and Canadian Tire then Zellers was.That would be an advantage for the consumer.The industry is a volatile and driven one in the US. Zoning restrictions and longer development process make for a more stable industry in Canada.
editors note: Speculation can be dangerous , when development comes it gives an increase in property values making investing lucrative and dangerous. As well many small activities may never develop into a boom.And even press releases are forgotten over time if developments do not come on stream…. Working people are often not able to invest with the information given to them..be wise and be carefull.
Today in history,Sept 2 ,1935
Labour Day hurricane kills over 400 people in Florida.
The Esso agency had a customer appreciation day today .The Cold Creek Agency of Nicola Avenue had the radio station, prizes , hamburgers and a celebrity Mobile Oil sponsored formula one car on site .To appreciate their customers.The business is located in a heavy commercial zoning beside a road contractor an unconfirmed source is saying you don’t have to be a business to have a card lock and their prices change daily with oil prices and are emailed out to card customers at levels of discounts.Implying volume.
Its a clean and uncluttered business you may want to check it out if for some reason you need volumes of fuel and don’t mind competing with logging trucks for fueling.
Today in history, August 31,1537
The Honorable Artillery Company, England’s oldest is formed.
About a hundred people are enjoying a magician / comedian at the public library this morning young children of any age are gleefully lapping it up .He said that he has a coloring page to give out with his web site and number on it so that when colored by the kids it will be on the fridge when their birthday comes up. He does those events….. No free add here….
Today in History, August 25,1977
The charter of the French language is adopted by the National Assembly of the Canadian province of Quebec
The local library has a program called extreme learning where you may sign out ancillary equipment to your reading material. Bikes to kindle readers many things are available even GPS units. No word on if the local library will be signing out people soon to complement learning as a blurb on the internet says is occurring somewhere (Surrey according to the Vancouver Sun).
Today in history, August 17,2008
Michael Phelps is the first person to win 8 gold Olympic medals.
The Coquihalla is closed by a multiple vehicle accident at the moment. A source says they are rerouting traffic to highway 8 Spence’s bridge and the Fraser Canyon to Vancouver. Exit 286 at the interchange is closed.
Today in history :August 11 1972
The last US ground forces leave Viet Nam
The local GM dealer is having a golf tournament on the weekend. Local links are 9 holes with a back 9 for 18. The club house has room for about 250 people. The course includes the Nicola River and is a pleasant venue that sometimes has a blue heron, fox, and a deer with two fawns to add to the experience.
Today in History, August 5 ,1861
The United States Army abolishes flogging.